Problems of the United States as World Trader and Banker

New York, N.Y. National Bureau of Economic Research, Inc., 1963. Presumed First Edition, First printing. Hardcover. xvi, 175, [1] pages. Footnotes. Tables. Charts. Small scuff on front dust jacket. Includes Preface; Introduction and Summary: Problems Posed by the Balance-of-Payments Deficit; Sketch of the Balance of Payments Since the War; Elements of Strength and Weakness in Basic Transactions; The Search for Ways of Strengthening Our International Payments Position; The Search for Ways of Strengthening Our International Payments Position. Also includes an Appendix on A Note on Alternative Ways of Presenting the Balance of Payment, as well as an appendix on United States Balance-of-Payments Statistics. Also contains an index, tables, and charts. The was the NBER's Studies in International Economic Relations, Number 1. This book, the first in the National Bureau's new series of Studies in International Economic Relations, is presented as "an exploratory essay on problems arising out of recent changes in our international trade and payments position.'' Among the problems considered is the problem of improving processes of adjustment in international trade and payments. The study finds that these processes are limited in number and in the certainty of their effects. This makes it all the more important to understand and use such means of adjustment as are available, if stability of the dollar is to be retained as a prime object of policy. The study also examines the problem of reconciling domestic and foreign economic objectives, given the constraint on monetary policy at a time when private capital has become highly mobile. Condition: Very good / Good.

Keywords: International Trade, Foreign Trade, Banking, Balance of Payments, Deficit, Korean War, Capital Outflows, Competitiveness, Economic Expansion, Imports, Exports, International Payments, Devaluation, Foreign Investment, Walter Gardner, Walther Lederer

[Book #81171]

Price: $135.00

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